Malwarebytes

OCTOBER 27, 2023

In a security blog about Octo Tempest Microsoft states: “Octo Tempest monetized their intrusions in 2022 by selling SIM swaps to other criminals and performing account takeovers of high-net-worth individuals to steal their cryptocurrency.” Stop malicious encryption. Create offsite, offline backups.

Social Engineering 97

Social Engineering Engineering Ransomware Backups 97

Security Affairs

OCTOBER 31, 2022

In the early afternoon of Friday 12 May 2017, the media broke the news of a global computer security attack carried out through a malicious code capable of encrypting data residing in information systems and demanding a ransom in cryptocurrency to restore them, the Wannacry ransomware. Cryptolocker and exploit components.

Malware 103

Malware Computers and Electronics Encryption Ransomware 103

Malwarebytes

NOVEMBER 6, 2023

In 2022, Octo Tempest began selling SIM swaps to other criminals and performing account takeovers of high-net-worth individuals in order to steal their cryptocurrency. Stop malicious encryption. Create offsite, offline backups. Keep backups offsite and offline, beyond the reach of attackers.

Ransomware 103

Ransomware Backups Accountability Social Engineering 103

eSecurity Planet

FEBRUARY 16, 2021

All of your files are encrypted with RSA-2048 and AES-128 ciphers.” ” Or you might see a readme.txt stating, “Your files have been replaced by these encrypted containers and aren’t accessible; you will lose your files on [enter date] unless you pay $2500 in Bitcoin.” IMPORTANT INFORMATION !!! Description.

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Ransomware Backups Software Encryption 97

eSecurity Planet

DECEMBER 7, 2023

Encryption uses mathematical algorithms to transform and encode data so that only authorized parties can access it. What Encryption Is and How It Relates to Cryptology The science of cryptography studies codes, how to create them, and how to solve them. How Does Encryption Process Data? How Does Encryption Process Data?

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Encryption Passwords IoT Firewall 113

eSecurity Planet

JANUARY 6, 2022

Third-party Risks Take Center Stage. Third-party risks are at the forefront of security concerns, with identity risk management provider SecZetta predicting that “supply chain paranoia” will take over the cybersecurity world this year. Also read: Best Third-Party Risk Management (TPRM) Tools for 2022. .”

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Ransomware Cybersecurity Artificial Intelligence CISO 136

Spinone

AUGUST 13, 2019

Ransomware is the combination of words “malware” and “ransom” Ransomware virus infects your files with malware that encrypts them, so you can’t access your d ata. To be able to access them, you need a digital key, which you will get after you pay a ransom, usually in cryptocurrency.

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Ransomware Backups Encryption Malware 70

Malwarebytes

AUGUST 25, 2023

Even so, they were able to steal close to $126,000 from five victims by abusing the SIM data used to secure their cryptocurrency accounts. One particularly unusual aspect of this attack would be Lapsus$ demanding that Nvidia make all of their graphics card drivers open source, or else risk internal data being leaked.

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Ransomware Backups Software Cryptocurrency 83

Spinone

JANUARY 28, 2020

Your files have been encrypted, or your screen has been locked, and you have no desire to fork out on getting the access back. But getting your data back without removing the source means you can get your files encrypted again. This is why this type of ransomware is considered a medium-risk type. It’s understandable.

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Ransomware Backups Encryption Malware 52

Pentester Academy

FEBRUARY 23, 2023

or sign up for a 7-day, risk-free trial with INE and access this lab and a robust library covering the latest in Cyber Security, Networking, Cloud, and Data Science! And how running this executable will encrypt the data/files on the target user’s machine, holding him on ransom to get that data back. INE.jpg , and office.pdf.

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Ransomware Encryption Cryptocurrency Banking 52

SecureWorld News

SEPTEMBER 27, 2020

The days where victims could simply pay ransom for an encryption key, unscramble their data, and move on are ending. Now that some companies have managed to avoid paying ransom by restoring from backup, the gangs have upped their game. This last point about lawyers and cryptocurrency hits home and bothers me the most.

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Ransomware Cryptocurrency Computers and Electronics Banking 67

Thales Cloud Protection & Licensing

NOVEMBER 2, 2017

In just a few short years, Bitcoin, the innovative cryptocurrency underpinned by Blockchain technology, has earned broad legitimacy and won plaudits from many top technologists, investors, and even bankers. So participation was limited… …until cloud wallets came along. Think about it for a moment.

Technology 90

Technology Backups Cryptocurrency Risk 90

NetSpi Executives

APRIL 27, 2024

Victims pay ransomware adversaries for decryption keys through cryptocurrency, such as Bitcoin. In addition to encrypting data and holding it hostage, ransomware attackers also upload valuable data to other systems on the internet. Ransomware adversaries hold the data hostage until a victim pays the ransom.

Ransomware 52

Ransomware Cyber Insurance Backups Insurance 52

Pen Test

OCTOBER 10, 2023

A particularly insidious new trend is the rise of "double extortion" attacks, in which cybercriminals not only encrypt an organization's data but also threaten to publicly release sensitive stolen information if the ransom is not paid. CryptoLocker, in 2013, pioneered the use of strong encryption algorithms.

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Ransomware Backups Insurance Cyber Insurance 52

Malwarebytes

FEBRUARY 8, 2023

The Ryuk ransoms, paid in cryptocurrency such as Bitcoin, were split into smaller portions and then forwarded on to multiple cryptocurrency wallets and then placed into exchange accounts for other forms of currency. This should include restoring from backups, client outreach, and reporting to law enforcement among others.

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Ransomware Backups Cryptocurrency Social Engineering 84

Spinone

MAY 8, 2020

Coupled with the current pandemic and the cybersecurity threats that have been very prevalent and growing in recent years such as ransomware, there are many different cyber risk types n 2020 that your business needs to prepare for. How can your business minimize the risk of a cyberattack on your business-critical data?

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Cyber Attacks Phishing Backups Ransomware 78

Security Boulevard

FEBRUARY 9, 2023

“Extortion only” groups rely more heavily on the threat of data leakage to the public to coerce victims into paying, whereas many threat groups previously relied on data encryption to prompt victims to pay a ransom.

Technology 52

Technology Cybersecurity Cryptocurrency Education 52

Spinone

JANUARY 22, 2020

However, if you use a new Windows OS, you can be at risk as well if you don’t update your OS on time. How WannaCry works This ransomware tries to access a hard-coded URL, and, in case it can’t, it starts to encrypt files in different formats. WannaCry decryptor 2. Locky decryptor 4.

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Ransomware Encryption Backups Phishing 64

eSecurity Planet

JULY 25, 2023

Incident response inside an organization often depends on a specialized security team that is tasked with quickly identifying and addressing active security incidents and notifying the business of potential security risks. Cryptojacking : Unauthorized use of a computer’s processing power to mine cryptocurrencies.

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Software Data breaches DDOS Ransomware 98

SecureWorld News

AUGUST 21, 2020

The ISO assisted the college in restoring locally managed IT services and systems from backup copies. The University had servers encrypted but restored the systems and the access from backups. Why pay if you have restored access to your encrypted system, the way the University of Utah was able to do?

Ransomware 78

Ransomware Cyber Insurance Insurance Backups 78

Thales Cloud Protection & Licensing

AUGUST 11, 2021

Even the most critical damages caused by ransomware are repairable as long as you have a solid backup strategy. Too many businesses cannot continue their activities until they recover the data encrypted by ransomware. Many collaborative platforms can help you recover the data encrypted by ransomware. They do it free of charge.

Ransomware 71

Ransomware Insurance Encryption Cyber Insurance 71

Spinone

OCTOBER 13, 2020

Whether it is synchronized files from on-premises to cloud environments or the risk of encryption of cloud email, ransomware is a real threat to your data. Ransom payments are generally demanded in the form of untraceable cryptocurrency such as Bitcoin. How much can ransomware cost your business?

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Ransomware Backups Data breaches Encryption 52

ForAllSecure

MAY 30, 2023

” Over the next few weeks, chats from encrypted Telegram, and other communications were leaked. Obviously, organizations gotten smart to that and they started doing offline backups securing their backups differently, so that they would continue to have access and availability. Of the of the incident. What's the first step?

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Ransomware Encryption Authentication Backups 40

SecureList

MAY 12, 2021

To ensure that their ability to restore encrypted files would never be questioned, they cultivated an online presence, wrote press releases and generally made sure their name would be known to all potential victims. They interact with each other through internet handles, paying for services with cryptocurrency.

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eSecurity Planet

FEBRUARY 16, 2021

At its core, malware exploits existing network, device, or user vulnerabilities , posing as little a risk as annoying advertisements to the much more damaging demand for millions of dollars in ransom. By avoiding third-party app stores and investigating app data before downloading, users can significantly mitigate this risk.

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eSecurity Planet

OCTOBER 20, 2021

banned the sale of hacking tools to China and Russia and took steps to curb cryptocurrency ransomware payments , ransomware attacks have continued to occur, with one knocking Sinclair Broadcast Group TV channels offline. Also read: Best Backup Solutions for Ransomware Protection. Backups could usually be used to restore the data.

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Ransomware Backups Cryptocurrency Government 113

ForAllSecure

MAY 18, 2021

He also talks about his infosec journey hacking cryptocurrencies, joining the Digital Defense Service and CISA, and helping secure the 2020 presidential election… all before the age of 22. Failure to pay, and your data is encrypted forever. Usually a certain amount of Bitcoin.

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Hacking Ransomware Cryptocurrency Engineering 52

ForAllSecure

MAY 18, 2021

He also talks about his infosec journey hacking cryptocurrencies, joining the Digital Defense Service and CISA, and helping secure the 2020 presidential election… all before the age of 22. Failure to pay, and your data is encrypted forever. Usually a certain amount of Bitcoin.

Hacking 52

Hacking Ransomware Cryptocurrency Engineering 52

eSecurity Planet

JUNE 25, 2021

According to Raj Samani, McAfee Fellow and chief scientist, cybercriminals are constantly evolving their techniques in order to get the highest monetary returns with the least amount of risk. McAfee researchers addressed the shift in ransomware strategy this week in their McAfee Threats Report: June 2021.

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Ransomware Backups Encryption Malware 124

CyberSecurity Insiders

OCTOBER 19, 2022

President Biden’s executive order on cryptocurrencies has marked the beginning of a new age for the technology, with a clear indication that digital assets will stay and play an important part in building new financial infrastructure. Stringent Risk Management Environment Of Metaverse. Investors have reportedly lost $3.9

Marketing 52

Marketing Insurance Architecture Technology 52

SecureList

JANUARY 28, 2021

Apple has publicly clashed with Facebook claiming it has to protect its users’ privacy, while the latter is wrestling with regulators to implement end-to-end encryption in its messaging apps. Public awareness of the perils of unfettered data collection is growing, and the free market is taking notice.

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Marketing Data collection Government Encryption 73

Malwarebytes

FEBRUARY 13, 2023

The agencies have reason to believe cryptocurrency ransom payments from such operations support DPRK's "national-level priorities and objectives". Once it arrives on target networks, it encrypts servers responsible for record-keeping, diagnosing, imaging services, and others. Backup your files. Educate your staff.

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Government Ransomware Backups Healthcare 80

Security Boulevard

JULY 11, 2021

This is a way of democratizing crime, giving ordinary people and smaller players an easier way into the criminal market, while reducing the risk of exposure for the ones on top of the value chain. Quality testing weaponized source code or per-compiled binaries to ensure that it operates as expected ( usually tested on low risk victims).

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Ransomware Software Encryption Risk 117

Security Affairs

FEBRUARY 25, 2024

The NCA will reach out to victims based in the UK in the coming days and weeks, providing support to help them recover encrypted data. All other servers with backup blogs that did not have PHP installed are unaffected and will continue to give out data stolen from the attacked companies.

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Government Hacking Cryptocurrency Penetration Testing 124